Tuesday, 05 August 2025
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Japanese Stocks Follow Wall Street's Gains
Tuesday, 5 August 2025 09:44 WIB | NIKKEI |Nikkei 225

The Nikkei 225 rose 0.5% to 40,500, while the broader Topix Index rose 0.4% to 2,928 on Tuesday, recovering from the previous session's decline and mirroring overnight gains on Wall Street.

US stocks rallied on Monday, driven by strong corporate earnings and renewed hopes for a Federal Reserve interest rate cut. Domestically, minutes from the Bank of Japan's June meeting showed policymakers were open to further interest rate hikes if trade tensions ease, although the board still considered the current rate appropriate amid lingering uncertainty.

Industrial and consumer stocks led the gains, with Mitsubishi Heavy rising 3.4%, IHI Corp. rising 2.3%, and Nintendo rising 2.1%. Meanwhile, technology stocks weakened, with declines from Disco (-0.7%), Tokyo Electron (-0.6%), and Advantest (-0.1%). (alg)

Source: Trading Economics

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